By Daniel Howley
Publication Date: 2026-08-17 19:05:00
Nvidia (NVDA), OpenAI (OPAI.PVT), and SB Energy are teaming up to build a massive 8-gigawatt data center facility in Ohio.
Nvidia will provide more than $105 billion in financing to secure land, power, and a shell for the site. Initial plans call for the facility to offer 4.25 gigawatts worth of computing capacity, with the option to increase that by another 3.75 gigawatts in the future.
SB Energy will ultimately build and own the site, known as the PORTS-Pike Technology Campus, which OpenAI will then lease for 20 years. Nvidia is making a $1.5 billion investment in SB Energy as part of the arrangement.
The complex will exclusively use Nvidia graphics processing units (GPUs), which the company said could amount to some 1.5 million chips, or roughly $150 billion to $200 billion in potential revenue per generation deployed at the site through 2030.
Taken together, the new deal and Nvidia’s prior agreements with OpenAI could total as much as $600 billion for the company.
In a blog post on Monday, Nvidia CEO Jensen Huang wrote that the deal does not constitute circular investing. Circular investing, in which a company invests in a customer, which then purchases equipment from the investing firm, has raised concerns about inflated sales figures.
“Nvidia uses its scale and long-term visibility to secure PORTS-Pike to host Nvidia compute,” Huang wrote.
“This is the same discipline we apply to…